SEC Whistleblower Reform Act of 2023

This bill strengthens protections for whistleblowers reporting securities violations to the SEC. It expands who qualifies as a whistleblower to include groups acting jointly and allows reporting internally to supervisors or designated colleagues who can address misconduct, rather than only to the SEC. It also requires the SEC to process award claims within one year (with limited extensions for complex cases) and prohibits companies from using contracts to waive whistleblower rights or force arbitration. These changes directly affect employees who report suspected violations of securities laws by their employers.